Uplift Inc.’s Post

BNPL in action:-) Ps: Read the small print: The 0% APR offer is available on three-month deals, valid until April 14, not everyone is eligible to receive a 0% APR offer

How are Airline Prices staying the same while everything else is getting more expensive? How long will that last? You might have noticed everything around you massively increasing in price while your time at the airport stays the same. Why is that that? The answer is credit cards. If you’ve spent some time flying commercials recently, you will also notice that every airline is pushing credit cards. These cards make airlines billions of dollars with these high interest rate cards. Let’s take a look at some numbers. In 2023, Delta Air Lines made a profit of $5.5 billion. How much did they make on credit cards? $6.8 billion. Now, let’s look at American Airlines. The profit is $3 billion; how much did they make on cards? It is $5.2 billion. Suppose these companies didn’t have these deals. They would be losing billions of dollars every year. So, is there an issue? How long will you have cheap flights? Well, it depends. People buying these cards are starting to need help to pay off their cards. As the defaults start up, these airline companies won’t just stop making money, but they will be losing money on cards, which I remind you are the only thing keeping them afloat right now. In the next couple of years, as people default on their loans, the billions of dollars of revenue from these cards will increase ticket prices. If you are deciding between commercial and private flights now or as prices increase, I encourage you to check out Icarus Jet Inc. We have the cheapest jet charters on the market. Feel free to contact me if you have any questions. Inspiration: YouTube channel, 74 gear

Spirit Airlines will slash change and cancellation fees, following Frontier Airlines decision Friday to get rid of change fees and introduce bundles for previously a la carte options. Although major rival airlines also offer zero change fees, it rarely is the case for the cheapest fare options. The changes mark a shift for budget airlines’ longtime pricing approach and come amid a Biden administration crackdown on junk fees. Read more in my article below.

Ah. I knew the positive (i.e., customer beneficial) news a couple weeks ago would likely be followed by...."so, about that." The airlines just can't resist monetizing every conceivable (and imaginable only to an accountant) aspect of air travel. Every last penny to be forked over by customers. One airline dips their revenue line in the pond, see if something bites, others will follow. I don't think the IRS can match these money hawks. If they could, they'd charge you a fee to file your taxes and another fee to get a refund. #airlines Delta Air Lines, American Airlines United Airlines, #airtravel #flights https://lnkd.in/gBkfiNsb

If an airline goes defunct, it affects all travelers alike. Here’s what’s happening and what you need to know if you plan on booking a ticket with the airline. https://lnkd.in/gAzQ-XTV #UpgradedPoints

This was a large bet that backfired. I'm wondering how closely American Airlines looked at corporate buying habits before altering booking strategies. If third parties and agencies provided customers with exactly what they needed, and they had formed habits based on those options, then changing habits wouldn't be instinctual. Gauge how far customers are willing to bend before making major strategic changes. #Airlines #Revenue #BusinessTravel

Here is an article that has nothing to do with service providers, but it’s a great article for anyone that wants to understand channel relationships. How a company as large as American Airlines could not foresee the damages these decisions would do is dumbfounding. https://lnkd.in/gEZkbjm4

United Airlines joins rivals, raises bag fees United Airlines and American Airlines have recently increased their fees for checked baggage to increase profits while controlling costs. CNBC reports that #baggage fees generated over $5 billion for U.S. airlines in the first nine months of 2023. United's higher fees will take effect on February 24th and raise the cost of the first and second checked bags by $5 to $35 and $45, respectively, if travelers pay in advance. However, according to United, frequent flyers with elite status, some credit cardholders, and first-class customers can still check a bag for free. #capitalism #greed #unitedairlines #airlines

Flying home yesterday, Frontier offered me 50,000 bonus miles. ✈️ All I had to do was open a credit card with them. It got me thinking - why would an airline be in the credit card business? Here's my two cents: Travel is a cyclical industry. How do airlines maintain a steady stream of income... when flight bookings are down? 👉 debt payments. 👈 When you fly this week, listen to the credit card offer. A big signup bonus will be the hook. But the airline will make money On the balance transfer. Companies want to own your future. They own your future by owning your debt.

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